quantguy

Bitcoin Finds Support

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin found support after breaking through the $60K handle. We saw great support at $57.7K, and regained footing in the $60K handle. BTC is currently hovering at about $61K at the time of this writing, just below our level at $61.6K. We have two levels of resistance here, and are likely to range until further momentum comes through. Further support should happen at $57.7K and $56.8K

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